ICFAI Business School (IBS) opens a multitude of opportunities with its expansive scholarship program, worth INR 10 crores, exclusively crafted for IBSAT test toppers. The scholarship program, set to commence in the last week of December 2024, is not only designed to reward academic excellence but also extends to the wards of IBS alumni, defence personnel and physically challenged students. If you belong to any of these categories, you could be one of the chosen few to receive one of the 500 merit scholarships amounting to INR 2 lakh per student.
ICFAI University – Scholarship Criteria
Let's delve deeper into the specific criteria for the scholarship program. The categories of students eligible for the scholarship are as follows:
| Eligibility |
| IBSAT Test Toppers |
| Children of IBS Alumni |
| Physically Challenged Candidates |
| Children of In-service/ Retired Defence Personnel |
ICFAI University – Scholarship Terms and Conditions
To avail these scholarships, candidates must strictly adhere to the following terms and conditions:
| Terms and Conditions |
| Scholarships are exclusively for candidates who appeared for and qualified in the IBSAT-2024 test. |
| Candidates must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible. |
| The scholarship amount can only be used to offset the program fee. It cannot be utilized for any other fees or purposes. |
| In case a student withdraws from the program, any applicable fee refunds will be calculated after subtracting the granted scholarship sum from the program fee. |
The scholarship program by IBS is an encouraging initiative to support the educational aspirations of various categories of students, ensuring that financial constraints do not hinder their path to a fruitful future.